EV charging at service stations: is it worth ditching fuel pumps for EV chargers?
Governments worldwide have set ambitious climate targets over recent years, and electrification of the car fleet is one of the critical instruments to reach these targets. The shift in demand away from carbon-based fuels led many fuel retailers to diversify their offerings and place EV chargers on their forecourts. In our insight, we address the key challenges of the operation of rapid and ultra-rapid chargers, including the high fixed costs and the returns fuel retailers from various European markets can expect from such charging sites. We also look at the ways forecourt operators can overcome the initial challenges and which retailers are in the best position to benefit from the rise of electromobility.